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Post# of 194359
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ndww42

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ndww42

Re: MarchInk post# 172061

Sunday, 09/05/2021 9:26:52 AM

Sunday, September 05, 2021 9:26:52 AM

Post# of 194359
Apples and oranges comparison.

The last time we were this oversold we dipped under .06 and then bounced back to .08 within a couple of weeks. (30%+ gain). This was middle of May 2021.

Before that you have to go back to 2019 and then before 2017 to find even something similar to being this oversold.

This doesn't happen too often.

.10s were never this oversold. So no, if you bought in the 10s then it's not the same as buying now in the .03s.

Back to around .05 is my guess in the short term.

Also valuation matters. You don't think market cap matters to insiders who own millions of shares? LOL now that's funny.

I'll leave you with this. Most people invested in this don't care what happens in the short term. It's an OTC stock. Very volatile especially on low volume.

It's easy to get this beaten down. So what?

Math over emotion

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